Solyndra and the Scandal of Tomorrowland
"Before Solyndra went bust, solar industry leaders would frankly admit to friendly media that “the growth of their US operations is vitally dependent upon a fragile matrix of government support — state renewable portfolio standards and federal tax credits, grants and construction loan guarantees.” (There are echoes of Obamacare here, with government mandates and government subsidies propping up a Potemkin marketplace.) There are at least three major reasons solar fails as a feasible alternate energy source — diffuseness, cost and unreliability — and little progress has been made in addressing them. For example, regarding diffuseness, environmentalists have already opposed efforts to build large solar plants in the Mojave desert. On the issue of cost:"
10/2/2011 6:35 PM
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